These luxury-fashion gifts can also be good investments

Resale values on items from brands such as Louis Vuitton and Gucci can make the high price tags worth it for the right person. The Supreme x Louis Vuitton shoulder bag cost up to $2,400 when it debuted in 2017. Recently, one was available on luxury resale site The RealReal for $6,000. Despite the 150% markup, The RealReal REAL, +2.54% called it a “smart investment.” If you have the time and a nose for fashion, your local consignment shop can be a great place to go on a treasure hunt for well-priced luxury items that appreciate when a style finds renewed trendiness. Fashion items are finding new life, and a high dollar value, in the secondhand market, making them luxe investment pieces, as well as great gifts. Claire Foster, head of accessories and footwear at WGSN, a trend-forecasting group in London, said signature pieces that may appreciate in value appeal to the “aspirational consumer.” READ MORE CLICK HERE: